Streetbeat News

BRT

BRT Apartments Corp.

https://www.brtapartments.com

Industry

REIT - Residential

BRT is a real estate investment trust that owns, operates and develops multi-family properties.

Open

17.84

Mkt cap

335M

Volume

50K

High

17.84

P/E Ratio

-34.02

52-wk high

20.22

Low

17.41

Div yield

0.06

52-wk low

15.81

JMP Securities analyst Aaron Hecht has reiterated a Market Outperform rating on BRT Apartments (NYSE:BRT) and maintained a $24 price target.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 4:30 pm

B. Riley Securities has maintained a Buy rating on BRT Apartments and raised the price target from $19.5 to $20.5.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:53 pm

BRT Apartments Corp. reported Q1 sales of $23.403M, missing the consensus estimate of $23.724M by 1.35%, but marking a 2.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:33 pm

Insiders at Harrow Inc., Greenwich LifeSciences, and BRT Apartments have made notable purchases of their companies' stocks, signaling confidence in their respective companies' futures despite recent financial results or developments. Harrow's insider bought shares after reporting disappointing financial results, Greenwich LifeSciences' CEO and CFO made purchases following the initiation of clinical sites in Europe, and BRT Apartments saw insider buying after posting downbeat quarterly sales.

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 1:00 pm

JMP Securities analyst Aaron Hecht maintains an Outperform rating on BRT Apartments (NYSE:BRT) but lowers the price target from $28 to $24.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:48 am

BRT Apartments Corp. (NYSE:BRT) reported Q4 2023 FFO of $0.38 per share, surpassing the $0.28 estimate by 35.71%. However, their sales of $23.51M fell short of the $23.82M estimate by 1.31%, marking a 3.51% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:16 pm

Numerous companies are scheduled to report their earnings on March 12, 2024, with expectations ranging from significant profits to losses. Key highlights include Aurora Mobile, MINISO Group, and Archer-Daniels Midland among others, projecting varied financial outcomes for their respective quarters.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:35 am

BRT Apartments (NYSE:BRT) announced a quarterly dividend of 25 cents per share, with Monday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Tuesday and is expected to open 25 cents lower. Shareholders owning the stock by the end of Monday will receive the dividend on January 05, 2024.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm

BRT Apartments Corp's Board has authorized the replenishment of its stock repurchase program, allowing the company to buy back $10 million of its common stock through 2025 via open market or private transactions.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 9:44 pm

BRT Apartments (NYSE:BRT) reported Q3 earnings of $0.41 per share, a 7.89% increase YoY. The company also reported quarterly sales of $23.85 million, beating the analyst consensus estimate of $23.48 million by 1.58% and marking a 9.93% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

November 06, 2023 | 10:09 pm

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